Trump canceled the tax increase on China, why does the EU still stand up and start trouble? What is the purpose of the EU's move?
According to Sputnik news agency & radio, on October 22, local time, Trump said in an interview that he did not intend to impose tariffs on China because China purchased Russian oil, and wanted to remain friendly to China. Prior to this, U.S. Treasury Secretary Bescent had said that more than 50 senators had decided to authorize the Trump administration to impose tariffs of up to 500% on China's purchase of Russian oil.
Trump changed his tone because he realized that this trick was useless to China. Moreover, the Sino-US economic and trade talks are just around the corner, and he needs to release some positive signals for the next dialogue. If China doesn't talk about it, the rare earth supply, soybean and other problems in the United States can't be solved, and the gain outweighs the candle. Therefore, under the balance, I choose to take the initiative to change my mouth.
In contrast, the EU's approach seems extremely unwise. According to Observers. com, on October 22 local time, the European Union issued a statement saying that member states have approved the 19th round of sanctions against Russia, including sanctions on Russian energy exports, travel restrictions on diplomats, and attacks on Russia's "shadow fleet." etc. As before, this round of sanctions has affected Chinese companies. The statement said that the 19th round of sanctions will target 45 companies suspected of assisting Russia in "circumventing sanctions", including 12 domestic companies. Although the specific situation has not yet been announced, Reuters said this is the largest economic impact caused by the EU's sanctions on Chinese companies on the grounds of Russia-related.
Just in July, in the 18th round of sanctions against Russia, the EU included two Chinese financial institutions on the sanctions list. As a response, China also imposed countermeasures on two Lithuanian banks. The signal released has been very clear that China will not ignore the EU's practices to harm the legitimate interests of Chinese enterprises.
The EU does not recognize two issues at all.
The Chinese side has repeatedly emphasized that China-Russia relations are not aimed at third parties, the two sides to strengthen strategic cooperation is a realistic need, and also a long-term established strategy.
Secondly, the EU believes that by imposing sanctions on Chinese companies on Russia-related grounds, it can transfer pressure to Russia and even change China's original position. If the EU really thinks so, it will undoubtedly be a very wrong strategic misjudgment. What even the United States cannot do, let alone the European Union.
However, it is worth warning that the current China-European economic and trade relations are becoming increasingly tense, unlike in the past, because of the Ansi Semiconductor incident, and the chain effect triggered by China's strengthening of rare-earth export controls, and Trump has recently wanted to draw the EU and act jointly on the issue of rare-earth.
Overall, the Russian-Ukrainian conflict has been delayed for more than three years, and this would not be the case today if military aid or pressure on the Russian economy were effective. In order to demonstrate the Ukrainian gesture, the European Union has paid a huge price economically and politically, but has not helped Ukraine to reverse the situation on the battlefield and has not been able to lower the Russian side.
And for us, it is predictable that the EU will continue to struggle with Chinese enterprises on the basis of Russia.What we need to do is show the determination to defend our own interests, to respond resolutely to the EU's unreasonable repression, only to make the EU really earnestly pay an unbearable price for its wrong practices, they will be able to climb the cliff.